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NOVT

Novanta NasdaqGS:NOVT Stock Report

Last Price

US$146.56

Market Cap

US$5.2b

7D

-6.3%

1Y

18.0%

Updated

20 Sep, 2023

Data

Company Financials +

NOVT Stock Overview

Novanta Inc., together with its subsidiaries, designs, manufactures, markets, and sells photonics, vision, and precision motion in the United States and internationally.

NOVT fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance5/6
Financial Health3/6
Dividends0/6

Novanta Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Novanta
Historical stock prices
Current Share PriceUS$146.56
52 Week HighUS$187.61
52 Week LowUS$111.02
Beta1.28
1 Month Change-2.93%
3 Month Change-16.45%
1 Year Change17.98%
3 Year Change45.48%
5 Year Change118.42%
Change since IPO819.58%

Recent News & Updates

Novanta (NASDAQ:NOVT) Seems To Use Debt Quite Sensibly

Sep 21
Novanta (NASDAQ:NOVT) Seems To Use Debt Quite Sensibly

Return Trends At Novanta (NASDAQ:NOVT) Aren't Appealing

Sep 06
Return Trends At Novanta (NASDAQ:NOVT) Aren't Appealing

What Does Novanta Inc.'s (NASDAQ:NOVT) Share Price Indicate?

Aug 19
What Does Novanta Inc.'s (NASDAQ:NOVT) Share Price Indicate?

Recent updates

Novanta (NASDAQ:NOVT) Seems To Use Debt Quite Sensibly

Sep 21
Novanta (NASDAQ:NOVT) Seems To Use Debt Quite Sensibly

Return Trends At Novanta (NASDAQ:NOVT) Aren't Appealing

Sep 06
Return Trends At Novanta (NASDAQ:NOVT) Aren't Appealing

What Does Novanta Inc.'s (NASDAQ:NOVT) Share Price Indicate?

Aug 19
What Does Novanta Inc.'s (NASDAQ:NOVT) Share Price Indicate?

Here's Why We Think Novanta (NASDAQ:NOVT) Is Well Worth Watching

Jul 16
Here's Why We Think Novanta (NASDAQ:NOVT) Is Well Worth Watching

Slowing Rates Of Return At Novanta (NASDAQ:NOVT) Leave Little Room For Excitement

Jun 06
Slowing Rates Of Return At Novanta (NASDAQ:NOVT) Leave Little Room For Excitement

These 4 Measures Indicate That Novanta (NASDAQ:NOVT) Is Using Debt Reasonably Well

May 16
These 4 Measures Indicate That Novanta (NASDAQ:NOVT) Is Using Debt Reasonably Well

Should You Investigate Novanta Inc. (NASDAQ:NOVT) At US$156?

Apr 13
Should You Investigate Novanta Inc. (NASDAQ:NOVT) At US$156?

Here's Why We Think Novanta (NASDAQ:NOVT) Is Well Worth Watching

Mar 29
Here's Why We Think Novanta (NASDAQ:NOVT) Is Well Worth Watching

Investors Met With Slowing Returns on Capital At Novanta (NASDAQ:NOVT)

Feb 27
Investors Met With Slowing Returns on Capital At Novanta (NASDAQ:NOVT)

These 4 Measures Indicate That Novanta (NASDAQ:NOVT) Is Using Debt Safely

Feb 12
These 4 Measures Indicate That Novanta (NASDAQ:NOVT) Is Using Debt Safely

Is Novanta Inc. (NASDAQ:NOVT) Potentially Undervalued?

Jan 12
Is Novanta Inc. (NASDAQ:NOVT) Potentially Undervalued?

We Ran A Stock Scan For Earnings Growth And Novanta (NASDAQ:NOVT) Passed With Ease

Dec 28
We Ran A Stock Scan For Earnings Growth And Novanta (NASDAQ:NOVT) Passed With Ease

Is Novanta (NASDAQ:NOVT) Using Too Much Debt?

Nov 02
Is Novanta (NASDAQ:NOVT) Using Too Much Debt?

What Does Novanta Inc.'s (NASDAQ:NOVT) Share Price Indicate?

Oct 03
What Does Novanta Inc.'s (NASDAQ:NOVT) Share Price Indicate?

With EPS Growth And More, Novanta (NASDAQ:NOVT) Makes An Interesting Case

Sep 19
With EPS Growth And More, Novanta (NASDAQ:NOVT) Makes An Interesting Case

Novanta Inc. (NASDAQ:NOVT) Shares Could Be 31% Above Their Intrinsic Value Estimate

Aug 23
Novanta Inc. (NASDAQ:NOVT) Shares Could Be 31% Above Their Intrinsic Value Estimate

Novanta Non-GAAP EPS of $0.78 beats by $0.06, revenue of $215.34M beats by $6.27M, raises FY guidance

Aug 09

Novanta (NASDAQ:NOVT) Could Easily Take On More Debt

Aug 03
Novanta (NASDAQ:NOVT) Could Easily Take On More Debt

Here's What To Make Of Novanta's (NASDAQ:NOVT) Decelerating Rates Of Return

Jul 11
Here's What To Make Of Novanta's (NASDAQ:NOVT) Decelerating Rates Of Return

At US$124, Is Novanta Inc. (NASDAQ:NOVT) Worth Looking At Closely?

Jun 09
At US$124, Is Novanta Inc. (NASDAQ:NOVT) Worth Looking At Closely?

Calculating The Fair Value Of Novanta Inc. (NASDAQ:NOVT)

May 10
Calculating The Fair Value Of Novanta Inc. (NASDAQ:NOVT)

Novanta (NASDAQ:NOVT) Seems To Use Debt Rather Sparingly

Apr 22
Novanta (NASDAQ:NOVT) Seems To Use Debt Rather Sparingly

Returns On Capital At Novanta (NASDAQ:NOVT) Paint A Concerning Picture

Apr 03
Returns On Capital At Novanta (NASDAQ:NOVT) Paint A Concerning Picture

Is It Time To Consider Buying Novanta Inc. (NASDAQ:NOVT)?

Feb 21
Is It Time To Consider Buying Novanta Inc. (NASDAQ:NOVT)?

Does This Valuation Of Novanta Inc. (NASDAQ:NOVT) Imply Investors Are Overpaying?

Feb 04
Does This Valuation Of Novanta Inc. (NASDAQ:NOVT) Imply Investors Are Overpaying?

Returns On Capital At Novanta (NASDAQ:NOVT) Paint A Concerning Picture

Dec 21
Returns On Capital At Novanta (NASDAQ:NOVT) Paint A Concerning Picture

Is Novanta (NASDAQ:NOVT) A Risky Investment?

Nov 23
Is Novanta (NASDAQ:NOVT) A Risky Investment?

Novanta (NASDAQ:NOVT) Has More To Do To Multiply In Value Going Forward

Sep 16
Novanta (NASDAQ:NOVT) Has More To Do To Multiply In Value Going Forward

Is Now The Time To Put Novanta (NASDAQ:NOVT) On Your Watchlist?

Aug 25
Is Now The Time To Put Novanta (NASDAQ:NOVT) On Your Watchlist?

These 4 Measures Indicate That Novanta (NASDAQ:NOVT) Is Using Debt Reasonably Well

Aug 04
These 4 Measures Indicate That Novanta (NASDAQ:NOVT) Is Using Debt Reasonably Well

Novanta (NOVT) Presents At Baird's 2021 Global Consumer, Technology & Services Conference - Slideshow

Jun 15

Slowing Rates Of Return At Novanta (NASDAQ:NOVT) Leave Little Room For Excitement

May 28
Slowing Rates Of Return At Novanta (NASDAQ:NOVT) Leave Little Room For Excitement

Novanta Inc.'s (NASDAQ:NOVT) CEO Compensation Looks Acceptable To Us And Here's Why

May 07
Novanta Inc.'s (NASDAQ:NOVT) CEO Compensation Looks Acceptable To Us And Here's Why

With EPS Growth And More, Novanta (NASDAQ:NOVT) Is Interesting

May 05
With EPS Growth And More, Novanta (NASDAQ:NOVT) Is Interesting

These 4 Measures Indicate That Novanta (NASDAQ:NOVT) Is Using Debt Reasonably Well

Apr 02
These 4 Measures Indicate That Novanta (NASDAQ:NOVT) Is Using Debt Reasonably Well

Can You Imagine How Elated Novanta's (NASDAQ:NOVT) Shareholders Feel About Its 837% Share Price Gain?

Mar 12
Can You Imagine How Elated Novanta's (NASDAQ:NOVT) Shareholders Feel About Its 837% Share Price Gain?

Should We Be Excited About The Trends Of Returns At Novanta (NASDAQ:NOVT)?

Feb 19
Should We Be Excited About The Trends Of Returns At Novanta (NASDAQ:NOVT)?

Novanta Inc.'s (NASDAQ:NOVT) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?

Jan 29
Novanta Inc.'s (NASDAQ:NOVT) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?

Have Insiders Been Selling Novanta Inc. (NASDAQ:NOVT) Shares?

Jan 11
Have Insiders Been Selling Novanta Inc. (NASDAQ:NOVT) Shares?

Shareholder Returns

NOVTUS ElectronicUS Market
7D-6.3%-0.4%-1.5%
1Y18.0%10.1%13.8%

Return vs Industry: NOVT exceeded the US Electronic industry which returned 10% over the past year.

Return vs Market: NOVT exceeded the US Market which returned 12.9% over the past year.

Price Volatility

Is NOVT's price volatile compared to industry and market?
NOVT volatility
NOVT Average Weekly Movement4.8%
Electronic Industry Average Movement6.6%
Market Average Movement5.6%
10% most volatile stocks in US Market14.3%
10% least volatile stocks in US Market2.5%

Stable Share Price: NOVT is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: NOVT's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19683,000Matthijs Glastrahttps://www.novanta.com

Novanta Inc., together with its subsidiaries, designs, manufactures, markets, and sells photonics, vision, and precision motion in the United States and internationally. The company operates through three segments: Photonics, Vision, and Precision Motion. The Photonics segment offers photonics-based solutions, including laser scanning, beam delivery, CO2 laser, solid state laser, ultrafast laser, and optical light engine products serving photonics-based applications for industrial processing, metrology, medical and life science imaging, DNA sequencing, and medical laser procedures.

Novanta Inc. Fundamentals Summary

How do Novanta's earnings and revenue compare to its market cap?
NOVT fundamental statistics
Market CapUS$5.25b
Earnings (TTM)US$76.90m
Revenue (TTM)US$889.92m

68.2x

P/E Ratio

5.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NOVT income statement (TTM)
RevenueUS$889.92m
Cost of RevenueUS$495.06m
Gross ProfitUS$394.86m
Other ExpensesUS$317.97m
EarningsUS$76.90m

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)2.15
Gross Margin44.37%
Net Profit Margin8.64%
Debt/Equity Ratio65.3%

How did NOVT perform over the long term?

See historical performance and comparison